Balboa Island – Picturesque Streets, Sopping, Dining and Charming Cottages
Balboa Island is a small, man-made island located in Newport Beach, California. The island is known for its picturesque streets lined with charming cottages and Mediterranean-style homes, as well as its lively atmosphere and abundance of shops, restaurants, and recreational activities.
Location, Location, Location
One of the biggest draws of Balboa Island is its prime location. The island is just a short ferry ride from the peninsula or a shorter drive over the bridge from the mainland. It is surrounded by the beautiful Newport Harbor. This means that residents have easy access to a variety of water sports and activities, such as boating, fishing, and paddleboarding. In addition, the island is just a short drive away from some of Southern California’s most famous beaches, such as Newport Beach and Huntington Beach.
Luxury Real Estate on Balboa Island
When it comes to real estate on Balboa Island, there is something for everyone. The island is home to a wide range of properties, from small, cozy cottages to large, luxurious homes. Many of the homes on the island have been beautifully renovated and feature modern amenities while still maintaining their vintage charm. Prices on the island can vary greatly, but the median home price is around 5 million.
One of the most sought-after types of properties on Balboa Island are the bayfront homes. These homes are located on the waterfront and offer stunning views of the bay and the city skyline. These properties are highly desirable and can be quite expensive, with some selling for well over $10 million.
Another popular type of property on the island are the duplexes and triplexes. These multi-unit buildings offer a great investment opportunity as they can be used as rental properties. Many of these properties have been remodeled and feature high-end finishes, making them a great option for those looking for a vacation home. These range from 3-4 million on average.
Balboa Island… It’s Worth Checking Out!
Overall, Balboa Island is a fantastic place to live, invest in real estate, or buy a vacation home. The island’s prime location, charming atmosphere, and wide range of properties make it a great option for anyone looking to live in one of Southern California’s most desirable areas.